Generative Data Intelligence

Tag: ECONOMIC AFFAIRS COMMITTEE

CBDCs – The Ultimate Tool for the Global Economy or a Significant Danger to Financial Stability

At present, a staggering 130 nations, collectively representing 98% of the global economy, have delved into exploring CBDCs (central bank digital...

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Week Ahead – More turmoil to come?

US A week ago, a lot of economists were thinking the Fed was going to pick up the pace of rate hikes as disinflation...

5 Reasons Why Bitcoin (BTC) Price Risks Falling Below $21,500

Bitcoin price witnessed a marvelous 40% rally in January as traders expect a turnaround of events. The BTC price hit a high of...

UK exploring a digital pound

A digital pound could be launched in the U.K. as part of the country’s effort to introduce better regulation to the...

A new bill seeks to legalize cryptocurrencies in Brazil.

Brazil is all set to become the latest country in Latin America to legally recognize digital currencies, with a new pro-Bitcoin bill heading to the Senate for its approval. The bill has been in the works for three years now and will regulate the day-to-day uses of digital assets. First introduced in 2019, the bill was unanimously […]

Brazilian Senate Committee on Economic Affairs Approves Crypto Regulation Bill


Crypto regulation on Brazilian soil gained steam after the senate’s economic affairs committee approved a bill highlighting the ground rules and day-to-day usage of digital currency funds. (Read More)

Brazil Takes First Step To Regulate Bitcoin

The Senate’s economic affairs committee unanimously approved a bill that seeks to regulate the day-to-day usage of bitcoin in financial transactions.

India confirms digital rupee CBDC to debut by 2023

The finance minister announced a raft of digital economy support measures in her Union Budget 2022-23 speech.

Disgraced MP tells Parliament UK can be the ‘home’ of crypto

“These innovations have the potential to disrupt finance, just as social media has disrupted communication, or online shopping has changed retail,” said Matt Hancock.

House of Lords committee says UK digital pound is “solution in search of a problem”

The Economic Affairs Committee cited financial, privacy and data concerns over UK CBDC.

UK newspaper unveils record breaking number of crypto ads, amid CBDC pushback

If regulating crypto wasn’t hard enough, one particularly sticky area to navigate is the question of crypto ads and commercials. Across the Atlantic, this matter has been causing a row for quite some time. Now, new information has put the ethics of crypto advertisements under a brighter spotlight. The numbers are bonkers An investigation into […]

British Lawmakers Say a CBDC Is Likely to Hurt Financial Stability — Digital Pound Benefits Overstated

According to British lawmakers, a central bank digital currency (CBDC) is likely to raise the cost of borrowing while hurting financial stability. They insist the touted potential advantages of a digital pound are being overstated. Erosion of Privacy British lawmakers have said the use of a central bank digital currency when making regular payments […]

Switzerland: Testing of digital franc in joint operation with 5 banks ends ‘successfully’

It is no surprise that central bank digital currency (CBDC) will be a game-changer for international and local businesses. Then regulators, consumers, and other stakeholders. Basically, CBDC is a digital form of fiat currency issued by a country’s central bank. It was trialed in China and is being explored in many other economies. That said, different trials are being scheduled for CBDCs […]

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